$2,695
Updated 5 years ago
Off Market

The Excelsior

303 East 57th Street, 27-L

Sutton Place, Manhattan | Second Ave & First Ave

Studio 1 Bath425 Square FeetCo-op [Land-Lease]

$2,695
Lease Term12-36 Months
Rent Per SF
$76
The price shown reflects the monthly rent only and does not include any additional fees. Please review the listing description for a summary of all fees related to renting this apartment.

Listing Features

  • Beamed Ceilings
  • Custom Lighting
  • Entry Foyer
  • Hardwood Floors
  • High Ceilings
  • Recessed Lighting
  • Refinished Floors
  • Sleeping Loft
  • Straight Staircase
  • Dishwasher
  • Microwave
  • Separate Kitchen

Outdoor space and views

  • City Views
  • East River
  • Queensboro Bridge
  • Skyline Views
  • North Exposure

Building Amenities

  • Full Service
  • Attended Elevator
  • Bike Storage
  • Driveway
  • Garage
  • Health Club
  • Laundry Per Floor
  • Pool
  • Roof Deck
  • Spa Services
  • Storage
  • Valet Service

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 303 East 57th Street, 27-L

Welcome home to this amazing studio loft apartment at The Excelsior, one of the most prestigious buildings in Manhattan.
ONLY 50% Financing is allowed in this building.

This pristine studio is beautifully-designed with tall ceilings. The unit features a huge loft, incredible custom cabinetry/storage space and oversized north facing windows with open views of the city skyline, the Queens boro Bridge, the East River, LIC. This loft has some of the best city views in Midtown East.

There is lots storage besides the closet space because the loft space gives you a lot of options to work with. Another great feature is the kitchen which is located in a separate room from the living space something that is becoming harder to find in studios nowadays. The bathroom is surprisingly large and elegantly designed. This really is an amazing opportunity for a buyer.

The laundry room is conveniently located on the floor so it is a short trip from the apartment to do a laundry run. The Excelsior is luxury coop with 24-hour service, including doormen and concierges. There is an amazing gym, spa, pool, and roof deck. The building also has a 24-hour garage, a driveway, and a valet.

Perfect location! Close proximity to some of the best restaurants and shops in Manhattan including Bloomingdales, Saks Off Fifth, etc. Whole Foods is less than one block away!!!

Close to the 4, 5, 6, N, W, R, Q, E, M trains. As well as uptown, downtown and crosstown buses on 57th St.

Pied-a-terre and pets allowed!

The building was designed by Phillip Birnbaum and was constructed 1967. It has 48 floors and 374 residential apartment units. Building features include a concierge, doorman, health club, roof deck, swimming pool, garage, laundry and dry cleaning service.
This building is a land-lease co-op.
Additional information:
There are no assessments planed.
There are currently no planned major capital improvements for the Building.
The Building has approximately $5million in it’s reserve fund.
The Corporation has the unilateral right to extend the ground lease through 2064. Also, the next extension in 2038 has no conditions.
The approximate percent of maintenance increase in 2010 was 23% due to the ground rent increase.

Listing History for 303 East 57th Street, 27-L

Now
03/17/2021
TOM by Lion Group Realty Corp
The Lion Real Estate
03/15/2021
Leases Signed by Lion Group Realty Corp
The Lion Real Estate

Building Details for 303 East 57th Street

OwnershipCo-op [Land-Lease]
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessAttended Elevator
Year Built1967
Financing Allowed50%
Floors/Apts47/355
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.25 miles
Lexington Av/59 St
0.26 miles
59 St
0.27 miles
Lexington Av/63 St
0.37 miles
51 St
0.39 miles

Citi Bike

E 55 St & 2 Ave
0.11 miles
E 58 St & 1 Ave (NW Corner)
0.12 miles

Contact Agent

Contact Agent

Lion Group Realty Corp
The Lion Real Estate

Sutton Place | Manhattan

Quick Profile

Sutton Place is usually described with favorable words like charming, cozy, great neighborhood, hidden gem, sanctuary, or even small village inside a big city. Those descriptions aren’t from real estate folks either, they’re from the people that live and work there, so it must be true.

The quiet and upscale neighborhood is more like an enclave. It’s bounded by East 53rd Street to the south, East 59th Street to the North, First Avenue to the west, and the East River to the east. Most residents will tell you that everything you’ll ever need is located in the neighborhood. When it’s time to venture out into the cityscape, Sutton Place is within easy reach to Midtown and cultural attractions like the Museum of Modern Art, Rockefeller Center, Central Park and other iconic sites.   

Manhattan has always had notable celebrity residents. But for unknown reasons, Sutton Place has had more than its share of superstars over the years. Some of the more iconic celebs include: Marilyn Monroe and Arthur Miller, Freddie Mercury, Sigourney Weaver, Joan Crawford, Michael Jackson and sister Latoya (Just for one summer).

Sutton Place is named after Effingham B. Sutton, a shipping merchant and entrepreneur. After hitting it big in the California gold rush, Sutton built brownstones along East 57th and East 58th streets with aspirations of making the section more residential. Poverty and crime dashed his dreams. The street gangs that hung out along the dead-ends and cul-de-sacs added to the neighborhood’s decay. Sutton was about to give up on his development endeavors but the Vanderbilt’s and the Morgan’s showed up in the 1920s and transformed the neighborhood. It soon became a wealthy enclave.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1917518